Blackwell Global

Oil is consolidating in a very large pennant shape that is getting close to the critical point. Resistance has been found along the top of the shape and a short-term bearish leg is likely. In the...

The New Zealand dollar fell strongly overnight as a highly negative Global Dairy Trade (GDT) result saw bearish selling mount. The pair now looks to be under significant pressure as price action falls...

As the market largely focuses upon the game being played over the potential for US rate hikes, a larger economic crisis is brewing within the world’s factory, China. Despite a range of...

Gold has suffered at the hands of the Fed recently as they talk up the prospect of a rate rise at the December meeting. The slide could be halted as the precious metal looks for support along the...

The British pound came under pressure during the week thanks to a disappointing fall in UK GDP figures. Strength was found in the pair towards the end of the week but it has now run out of steam as it...

Further interest rate cuts might be on the way for the kiwi dollar after New Zealand Finance Minister Bill English made comments suggesting that rates might have further to fall. Despite the highly...

The Canadian dollar fell strongly overnight, after the hawkish rhetoric from the US Federal Reserve hit the wires, but the venerable CAD now looks set to add an additional bullish leg as price action...

Crude oil traders are again preparing for falls as the latest API inventory data points to a 4.1 million barrel build in oil stocks.The tumultuous path of crude oil has been an interesting study in...

The yen has been under considerable pressure over the last week with some poor economic results, and a bullish US dollar. The USD/JPY pair has now run head first into the bearish trend line which...

The crude oil price slump over the past year has been a painful experience for many producers, but OPEC’s strategy might finally be paying off as the cartel appears to be on the cusp of cutting...

The US Congress faces a deadlock as the political impasse over lifting the debt ceiling worsens and short-term Treasury bond yields start to rise.Monday saw a sharp increase to selling of short-term...

Last week saw a volatile Australian dollar, as the pair experienced some sharp swings after some mixed US economic results, as well as an AUD Employment Change result that was disappointing. However,...

As crude oil and other commodity prices have rallied over the past few weeks, some analysts have pointed to a new, resurgent age in commodity demand out of China. However, the recent rally hides the...

Australian GDP growth was relatively flat throughout the 2nd quarter of 2015 as global commodity prices remained severely depressed. The GDP result was well below expectations, indicating growth of...

The range consolidating pattern that crude has been stuck in for the past month has been breached by an upside breakout on optimism that global supply might be curtailed. The rally has met some fierce...

The US economy fared relatively well throughout the quarter with some signs of strengthening evident within the economy. US GDP growth remains moderate growing by an annualised rate of 3.9% q/q in Q2,...